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LA SB467
Bill
Status
3/31/2026
Primary Sponsor
Alan Seabaugh
Click for details
AI Summary
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Caps the aggregate security required for a suspensive appeal of any single money judgment at $150 million, exclusive of costs, regardless of the judgment amount
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When a surety bond is used for good cause, limits security to the lesser of 150% of the judgment amount or $150 million, exclusive of costs
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Excludes Tobacco Master Settlement Agreement litigation and cases where the state is a judgment creditor from the $150 million cap
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Amends Louisiana Code of Civil Procedure Article 2124(B)(1)(a) and (D)
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Becomes effective upon governor's signature or expiration of time for gubernatorial action
Legislative Description
Provides relative to appeals. (gov sig)
COURTS
Last Action
Read second time by title and referred to the Committee on Judiciary A.
4/1/2026